Analysts Offer Predictions for Church & Dwight Company, Inc.’s FY2017 Earnings (CHD)

Church & Dwight Company, Inc. (NYSE:CHD) – Equities researchers at CLSA boosted their FY2017 EPS estimates for shares of Church & Dwight Company in a research report issued to clients and investors on Wednesday. CLSA analyst C. Levy now anticipates that the firm will earn $1.89 per share for the year, up from their prior estimate of $1.88. CLSA also issued estimates for Church & Dwight Company’s FY2018 earnings at $2.07 EPS and FY2019 earnings at $2.25 EPS.

Church & Dwight Company (NYSE:CHD) last issued its quarterly earnings data on Tuesday, February 7th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.02. Church & Dwight Company had a return on equity of 23.11% and a net margin of 13.14%. The company had revenue of $896 million for the quarter, compared to the consensus estimate of $889.23 million. During the same quarter last year, the business posted $0.82 earnings per share. The firm’s revenue was up 2.6% compared to the same quarter last year.

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Earnings History and Estimates for Church & Dwight Company (NYSE:CHD)

A number of other brokerages also recently issued reports on CHD. Zacks Investment Research downgraded shares of Church & Dwight Company from a “hold” rating to a “sell” rating in a research report on Wednesday, January 4th. Jefferies Group LLC reissued a “buy” rating and set a $53.00 price objective (down previously from $59.00) on shares of Church & Dwight Company in a research report on Monday, November 7th. Wells Fargo & Company reissued a “market perform” rating on shares of Church & Dwight Company in a research report on Tuesday, November 15th. Deutsche Bank AG downgraded shares of Church & Dwight Company from a “buy” rating to a “hold” rating and cut their price objective for the company from $48.00 to $46.00 in a research report on Wednesday, January 18th. Finally, Barclays PLC reissued a “sell” rating and set a $38.00 price objective on shares of Church & Dwight Company in a research report on Tuesday, January 10th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $48.29.

Shares of Church & Dwight Company (NYSE:CHD) opened at 48.24 on Thursday. The stock has a market cap of $12.37 billion, a P/E ratio of 27.57 and a beta of 0.43. Church & Dwight Company has a 12 month low of $42.56 and a 12 month high of $53.68. The company has a 50 day moving average price of $45.25 and a 200-day moving average price of $46.72.

Several hedge funds have recently made changes to their positions in the stock. State Street Corp boosted its stake in shares of Church & Dwight Company by 1.4% in the fourth quarter. State Street Corp now owns 11,993,548 shares of the company’s stock valued at $529,988,000 after buying an additional 167,568 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in shares of Church & Dwight Company by 89.3% in the third quarter. Neuberger Berman Group LLC now owns 7,950,594 shares of the company’s stock valued at $380,993,000 after buying an additional 3,749,858 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Church & Dwight Company by 100.5% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 7,794,263 shares of the company’s stock valued at $373,501,000 after buying an additional 3,906,157 shares in the last quarter. BlackRock Fund Advisors boosted its stake in shares of Church & Dwight Company by 103.8% in the third quarter. BlackRock Fund Advisors now owns 6,912,635 shares of the company’s stock valued at $331,253,000 after buying an additional 3,521,149 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Church & Dwight Company by 102.0% in the third quarter. Northern Trust Corp now owns 3,392,908 shares of the company’s stock valued at $162,589,000 after buying an additional 1,713,210 shares in the last quarter. Hedge funds and other institutional investors own 79.56% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Analysts Offer Predictions for Church & Dwight Company, Inc.’s FY2017 Earnings (CHD)” was originally posted by sleekmoney and is owned by of sleekmoney. If you are viewing this report on another domain, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this report can be read at http://sleekmoney.com/analysts-offer-predictions-for-church-dwight-company-inc-s-fy2017-earnings-chd/1655864.html.

In other Church & Dwight Company news, EVP Britta Bomhard bought 4,087 shares of the firm’s stock in a transaction dated Monday, November 14th. The shares were purchased at an average cost of $43.97 per share, for a total transaction of $179,705.39. Following the transaction, the executive vice president now owns 4,087 shares of the company’s stock, valued at $179,705.39. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Richard A. Dierker bought 1,000 shares of the firm’s stock in a transaction dated Monday, November 21st. The shares were acquired at an average price of $44.82 per share, for a total transaction of $44,820.00. Following the completion of the transaction, the executive vice president now directly owns 5,200 shares in the company, valued at approximately $233,064. The disclosure for this purchase can be found here. 2.17% of the stock is owned by insiders.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Tuesday, February 21st will be paid a $0.19 dividend. The ex-dividend date is Thursday, February 16th. This represents a $0.76 annualized dividend and a yield of 1.58%. This is a boost from Church & Dwight Company’s previous quarterly dividend of $0.18. Church & Dwight Company’s payout ratio is presently 40.69%.

About Church & Dwight Company

Church & Dwight Co, Inc develops, manufactures and markets a range of household, personal care and specialty products. The Company operates in three segments: Consumer Domestic, which includes consumer products, as well as other household and personal care products; Consumer International, which markets a range of personal care products, household and over-the-counter products in international markets, and Specialty Products Division (SPD), a producer of sodium bicarbonate.

5 Day Chart for NYSE:CHD

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